Eastern Addition’s boundaries are Peninsula Avenue at the north end, 4th Avenue at the south. It’s west border is marked by El Camino Real, the east side is Delaware Street. The downtown is thriving with great restaurants like King Fish and a 12 screen movie theater.
Eastern Addition Real Estate: Available, New and Sold Listings, by Month 2009
The Wrap Up
The most expensive house to sell in Eastern Addition / Downtown was 321 Elm at $1,165,000; the least expensive 415 East Santa Inez for $350,000.
The high median was in October, $1,100,500; the highest percentage of sale price to list price received was 102.43%.
Doing a foreclosure in San Mateo is going to slam your credit to the mat.
Short Sale If At All Possible
The difference in credit score damage is huge. Wachovia reports you’ll be hit by a 300-350 point hit to your credit for a foreclosure versus 60-80 points for a short sale.
Importance of Credit
You’re at your wits end and want to walk away from the anchor of a house. You’ve tried everything to salvage the situation but it’s hopeless. Get help.
When you try to rent after dumping that ball and chain guess what they’re going to do. Pull your credit. With a 300 point drop good luck renting.
San Mateo County Lenders Are Desperate
They do not want to foreclose and they’re putting their money where their mouth is. Some lenders are making a sweep through San Mateo County and others throughout the state to tell Realtors how to help you avoid foreclosure.
Why don’t they want to foreclose? It’s too expensive. They save $38,000 per house by not foreclosing. You? You get to salvage some of your credit. Get help.
San Mateo Village is located between Hillsdale Boulevard on the north end; East 40th is the southern boundary. Delaware to the west; Highway 101 to the east. The neighborhood includes Casanova Park and George Hall Elementary.
San Mateo Village Real Estate: Available, New and Sold Listings, by Month 2009
The Wrap Up
The most expensive house to sell in The Village was 201 Santa Clara at $890,000; the least expensive 17 McClellan for $401,000.
The high median was in December, $778,000; the highest percentage of sale price to list price received was 101.85%.
San Mateo Terrace is bordered by 92 at the north end, Hillsdale Boulevard at the south. Monterey is the west side marker, Alameda De Las Pulgas is the east side boundary. Peninsula Golf and Country Club, Beresford Park and Hillsdale High are all in the neighborhood.
San Mateo Terrace Real Estate: Available, New and Sold Listings, by Month 2009
The Wrap Up
The most expensive house to sell in San Mateo Terrace was 718 27th at $1,515,000; the least expensive 3041 Beverly for $699,000.
The high median was in June, $1,150,000; the highest percentage of sale price to list price received was 101.59%.
Last week I spent time talking to a guy in a networking group I belong to. The conversation turned into an avalanche of life sucks. He had left the mortgage industry for greener pastures and had a lot to say about how crappy things are.
I tried to lighten it up with: I don’t think things are as bad as they seem. It got: Really? I think they’re pretty bad.
Some people can’t be convinced. I learned a long time ago that I can’t compete with Katie Couric or Brit Hume’s rendition of the sky is falling.
So next time you want to share some doom and gloom – don’t. It’s contagious – like tuberculosis.
Bayshore Boulevard, the frontage road to Highway 101, runs along Shoreview’s west side; the bay to its east. Poplar Avenue is at the north end, while Lodi Avenue marks the southern end.
Shoreview Real Estate: Available, New and Sold Listings, by Month 2009
The Wrap Up
The most expensive house sold was 1515 Cypress at $825,000. The least expensive home was 1517 2nd which sold for $420,000, with an over bid of $71,112! That’s not a typo.
The high median was in December, $624,750; the highest percentage of list price to sale price was 109.02% – amazing!
Many of Shoreview’s houses are selling as short sale and REO or Real Estate Owned. In some cases houses – maybe I should say many as shown by the 109.02% – are selling for over the asking price.
Fiesta Gardens is between 19th Avenue and Hillsdale Boulevard, north/south; El Camino Real and Highway 101, west/east. Local shopping and restaurants include Whole Foods, Pete’s Coffee and Starbucks.
Fiesta Gardens Real Estate: Available, New and Sold Listings, by Month 2009
The Wrap Up
The most expensive house to sell in Fiesta Gardens was 2034 Sullivan at $730,000; the least expensive 645 Bermuda for $560,500.
The high median was in August, $711,000; the highest percentage of sale price to list price received was in September, 101.67%.
Baywood Knolls is a little nook of a neighborhood between Alameda De Las Pulgas and Oak Valley Road to the west; Crystal Springs Road to the north, Sonora Drive on the south end.
Baywood Knolls Real Estate: Available, New and Sold Listings, by Month 2009
The Wrap Up
The most expensive house to sell in Baywood was 651 Columbia at $1,625,000; the least expensive 771 Crystal Springs Road for for $850,000.
The high median was in January, $1,625,000; the highest percentage of sale price to list price received was in March, 103.94%.
Beresford Manor is located between Highway 92 at the north end; 27th Avenue to the south. Alameda De Las Pulgas (avenue of the fleas – really) on the west side to El Camino Real.
Beresford Manor Real Estate: Available, Sold and New Listings, by Month 2009
The Wrap Up
The most expensive house to sell in Beresford was 424 Buena Vista at $1,500,000; the least expensive 2622 Garfield for $689,000.
The high median was in June, $1,015,000; the highest percentage of sale price to list price received was 102.56%.
